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this is a joke and farce. >>> a new obama bombshell. the government accountability institute reports that the president's campaign may have violated federal election law by accepting illegal overseas donations. that's next up. please stay with us. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you wan
this is a joke and farce. >>> a new obama bombshell. the government accountability institute reports that the president's campaign may have violated federal election law by accepting illegal overseas donations. that's next up. please stay with us. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best...
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they are going to back fire against obama this is going to hurt obama. >> i think he turned a perfectly miserable debate performance which was entire survivable into a public relations fiasco. he went from being a sore loser to looking like a whiney weak ling. everything that he is doing cuts against the brand that he tries to maintain. even if you don't agree he with him, he comes across as a sore loser. >> jennifer, the thing is, hang on a second. i got to get back, jennifer, if you call him a bad plutocrat who is throwing babies off the cliff and helping to kill women i get you can get away with it if only a few people see the adds. but if millions see what a final person mitt romney is, i think the negativism is going to rebound against him. that is the second killer point. >> yeah and it is not so easy in a debate as everyone who has watched these things for years knows to go on the offensive. if the president comes out making accusations, he doesn't have the facts on his side. they have back pedaled from the original study that says the plan can work. he comes across abracive and
they are going to back fire against obama this is going to hurt obama. >> i think he turned a perfectly miserable debate performance which was entire survivable into a public relations fiasco. he went from being a sore loser to looking like a whiney weak ling. everything that he is doing cuts against the brand that he tries to maintain. even if you don't agree he with him, he comes across as a sore loser. >> jennifer, the thing is, hang on a second. i got to get back, jennifer, if...
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obama supporters call it the obama market. analysts say it's because the federal reserve has put so much liquidity in. some people like myself think it has to do with good earnings. nonetheless, real fast, jim, this is a strong market. it's up 30% year on year. >> well, beyond qe, there are reasons stocks are going up. people can't get returns on bonds, cds, t-bills. they start to nibble away at the stocks. investors are very slowly coming back around to the stock market. frankly, they think corporate k ceos more trustworthy and maybe stocks are safer investments these days than bonds showing a negative rate of return. >> the headline story in the front page today, despite gains, "many sto -- manyflee stocks." jim, did they miss the boat? how do you read those things? >> in 1929 when the stock market crashed, my father distrusted the stock market from that point on. the market is manipulated, whether you think it's the fed, each month brings a new story. that's a lot of dry powder to truly a rally in the future. >> some people
obama supporters call it the obama market. analysts say it's because the federal reserve has put so much liquidity in. some people like myself think it has to do with good earnings. nonetheless, real fast, jim, this is a strong market. it's up 30% year on year. >> well, beyond qe, there are reasons stocks are going up. people can't get returns on bonds, cds, t-bills. they start to nibble away at the stocks. investors are very slowly coming back around to the stock market. frankly, they...
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and that bodes well for president obama. but if mitt romney can keep going with the strength that he did in the first debate, it will be a very tough election for president obama. >> chris, let's bring you in. boris reckons that romney smashed it then this time around. obama looks i guess a bit disengaged from the whole thing. did he let himself down last night, chris? >> well, first let me address one point, the comments boris made about the 47%. to be direct about it, governor romney called 47% of americans victims. now, that is not necessarily a winning strategy. going back in terms of the debate, i'll be the first one to admit that governor romney had a very good debate. he came out strong. he came out from the first answer out, he was out there being very bold and aggressive. i think the president had some good moments, in particular on the exchange on health care, but what he didn't did which i find inexplicable is what's been working the last 90 day. which is exposing the fact that when you scratch past the surface of
and that bodes well for president obama. but if mitt romney can keep going with the strength that he did in the first debate, it will be a very tough election for president obama. >> chris, let's bring you in. boris reckons that romney smashed it then this time around. obama looks i guess a bit disengaged from the whole thing. did he let himself down last night, chris? >> well, first let me address one point, the comments boris made about the 47%. to be direct about it, governor...
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for obama or for romney. but hamilton county could go either way and might decide it all. >> that was nbc's kelly o'donnell reporting on the key battleground state of ohio and in hamilton county and around the state, obama is pushing an agenda for jobs and the middle class in the suburbs. but it could actually hurt the suburban middle class. we have stanley kurtz with us. your message is obama is in fact going to rob the suburbs to pay the city. in brief, stanley, how does he do that as president? >> well, larry, there's a practice called regional tax base sharing that obama would like to spread to every metropolitan region in the country. this is where all the suburbs in a metropolitan area have to kick in a big chunk of their tax money and that gets redistributed to cities. ohio has a lot of folks that would like to see that practice come to the state. >> cleveland, right? maybe even hamilton county, which is cincinnati which has its urban problems. >> that's right. but they're centered around the northeast
for obama or for romney. but hamilton county could go either way and might decide it all. >> that was nbc's kelly o'donnell reporting on the key battleground state of ohio and in hamilton county and around the state, obama is pushing an agenda for jobs and the middle class in the suburbs. but it could actually hurt the suburban middle class. we have stanley kurtz with us. your message is obama is in fact going to rob the suburbs to pay the city. in brief, stanley, how does he do that as...
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five points for obama three weeks ago. real quick -- i think rasmussen comes in at 130. >> and huge stakes for the vice presidential debate. >> let's say he didn't show, biden, is that possible? just to not show up? >> it is. it is possible. and then with joe biden, of course, it's always possible to have some kind of massive gaffe that could really change the race. >> yeah. >> there's a lot at stake here. and, of course, the romney campaign emphasizing that paul ryan is a guy who hasn't had a debate, maybe since high school. so he's debating against joe biden. >> debated -- we've tried to debate ryan here and we've seen him debate with other people, and he's -- i don't know. >> eamon, what about ohio, though? we've talked with chuck todd about this. he sees a way to win without ohio. but basically have to win eight or nine other states. so it's a much more complicated road to the white house if you don't win ohio. so he had said -- he told us a week or two ago that romney would have to make a decision as to whether the pu
five points for obama three weeks ago. real quick -- i think rasmussen comes in at 130. >> and huge stakes for the vice presidential debate. >> let's say he didn't show, biden, is that possible? just to not show up? >> it is. it is possible. and then with joe biden, of course, it's always possible to have some kind of massive gaffe that could really change the race. >> yeah. >> there's a lot at stake here. and, of course, the romney campaign emphasizing that paul...
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said what's been the effect of obama care on your hiring plans? and three quarters of them said it makes us less likely to hire people. >> all right. let's take him at face value for a moment. small business truly gets a boost if you elect romney, you need paychecks. the company's growth is in the hands of small business expansion. obama bears take note. you might be tempted to short paychecks on the democratic victory. but remember, you have to pay that bountiful dividend if you short the stock. along the same lines, romney claimed that obama's poll advise causing an increase in the use of food stamps. >> the proof of that is one out of six people in poverty. the proof of that is we've gone from 32 million on food stamps to 47 million on food stamps. >> again, if you take romney at his word, you better dump family dollar and dollar general tomorrow. they have expanded aggressively into food to capture that gigantic increase of food stamp dollars. they've been using new freezer cases to bring food in. that's what was behind the breakout we saw the
said what's been the effect of obama care on your hiring plans? and three quarters of them said it makes us less likely to hire people. >> all right. let's take him at face value for a moment. small business truly gets a boost if you elect romney, you need paychecks. the company's growth is in the hands of small business expansion. obama bears take note. you might be tempted to short paychecks on the democratic victory. but remember, you have to pay that bountiful dividend if you short...
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romney seemed angry that obama coddled them. he talked about how dodd/frank imperiled community banks. all banks went up today on a prospective romney swing and lighter regulatory scheme, i wouldn't chance it with the internationals. instead i'd stick with wells fargo viewed as domestic bank or go with really the true community banks, huntington bank, u.s. bancorp or key. take a romney kicker any day of the week. throughout the night romney repeatedly claimed he was the real friend of small business. even as we know saying something bad about small business has become the new third rail of american politics. this comment is typical. >> there was a survey done of small businesses across the country. said what's been the effect of obama care on your hiring plans? and three quarters of them said it makes us less likely to hire people. >> all right. let's take him at face value for a moment. small business truly gets a boost if you elect romney, you need some paychex. the company's growth is in the hands of small business expansion.
romney seemed angry that obama coddled them. he talked about how dodd/frank imperiled community banks. all banks went up today on a prospective romney swing and lighter regulatory scheme, i wouldn't chance it with the internationals. instead i'd stick with wells fargo viewed as domestic bank or go with really the true community banks, huntington bank, u.s. bancorp or key. take a romney kicker any day of the week. throughout the night romney repeatedly claimed he was the real friend of small...
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first, we meet with president obama's so-called jobs czar. then we visit a struggling town in the heartland. and finally, we take a look at a controversial income tax initiative in washington state. in the first decade of the 21st century, big american firms cut around 3 million jobs in the u.s., while adding almost as many overseas. no company went global more aggressively than general electric, the conglomerate that makes everything from refrigerators to m.r.i. machines to jet engines. yet as lesley stahl reported in october 2011, when president obama was looking for someone to help get americans back to work, he recruited a most unlikely candidate: the republican ceo of general electric, jeff immelt. >> the mood is dark. people are pissed. why not try to do better? >> jeff immelt talked about his czarship at a gathering of g.e. managers. >> you know, i grew up in cincinnati, ohio, and my parents are really right-wingers. my dad watches, like, five or six hours of fox news every day and stuff like that. so i called home and said, "hey, just
first, we meet with president obama's so-called jobs czar. then we visit a struggling town in the heartland. and finally, we take a look at a controversial income tax initiative in washington state. in the first decade of the 21st century, big american firms cut around 3 million jobs in the u.s., while adding almost as many overseas. no company went global more aggressively than general electric, the conglomerate that makes everything from refrigerators to m.r.i. machines to jet engines. yet as...
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did president obama just win next month's election? jack welch says hold your horses on that 7.8% number. he doesn't really believe it. an influential florida congressman agrees. we'll talk to that congressman live and ask him on what he bases his suspicions. >>> a place in the united states where gasoline has now become hard for drivers to find. you will find out why coming up on "power lunch." >>> meantime, let's go to sue at the new york stock exchange. sue? >> the markets have been up all day long. we're up about 60 points or so on the dow jones industrial average and the big reason of course is the number that we got this morning, falling unemployment. we are now below the 8% level for the first time in four years. the question is how did we get there? here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to thin
did president obama just win next month's election? jack welch says hold your horses on that 7.8% number. he doesn't really believe it. an influential florida congressman agrees. we'll talk to that congressman live and ask him on what he bases his suspicions. >>> a place in the united states where gasoline has now become hard for drivers to find. you will find out why coming up on "power lunch." >>> meantime, let's go to sue at the new york stock exchange. sue?...
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that's not right to pay for obama care. and also got point to out that he's in favor of a tax plain that will kill 700,000 jobs. and so he had the chance to answer those questions, or not answer them as the case may be but then i think even more important was the chance to talk about where we're going in the future. what he would do and what i would do and what he described was in my view a reiteratation of the status quo. he'll keep doing what he's done in the past. he'll have a stimulus. hire more government workers. he's is going to pick winners and losers line solyndra. a friend of mine said no he doesn't like picking winners and lowers he just likes picking losers. and so, of course he's in favor of higher taxes. yesterday the vice president blurted out the truth. he said in fact they do want to raise taxes a trillion dollars. i don't want to raise tax on any americans because i want to create good jobs in america. now, i take america in a very different direction. first of all i want to make sure that our policies enc
that's not right to pay for obama care. and also got point to out that he's in favor of a tax plain that will kill 700,000 jobs. and so he had the chance to answer those questions, or not answer them as the case may be but then i think even more important was the chance to talk about where we're going in the future. what he would do and what i would do and what he described was in my view a reiteratation of the status quo. he'll keep doing what he's done in the past. he'll have a stimulus. hire...
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> welcome back. it's not hard to tell when hedge fund manager david einhorn told investors today that he thinks chipotle's stock is short. my next guest couldn't disagree more with the short call. he's damon vickers. good to have you on the program, damon. thanks for joining us. why do you think you're right? >> well, yeah, you named it. look, i think we own chipotle. we also own yum brands. his assertions, one by one, seem kind of an empty bag. they don't really hold much water. >> so let's talk about some of those assertions, damon. einhorn is citing competition from taco bell as part of his reason for recommending the short of chipo
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> welcome back. it's not hard to tell when hedge fund manager david einhorn told...
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if obama wins, we're going to go over the fiscal cliff because the republicans and obama aren't going to agree, we'll go out there and roll back the bush tax cuts, we're going to do this, have sequestered stuff or whatever and so that's going to hurt. >> how would he triangulate if he wins and they lose some of the house, say the democrats keep the senate, how would he triangulate to work with the other side? you don't think he'd let them go for another year or two? >> eventually he's going to have to, but he's going to get pushed into it and things are going to happen that are going to scare the heck out of us before we get there. >> what if romney, how does he screw it up? >> if romney wins it will look like, the stock market is going to say this is great, go up for a little while and people are going to say wait a second, this is austerity. it's going to look like the uk, look like europe. >> because we're 25% of gdp, he's not going to let us stay there, right? >> exactly. >> you'd see many more cuts if he's in, is that good long-term? >> much better long-term. you could argue that
if obama wins, we're going to go over the fiscal cliff because the republicans and obama aren't going to agree, we'll go out there and roll back the bush tax cuts, we're going to do this, have sequestered stuff or whatever and so that's going to hurt. >> how would he triangulate if he wins and they lose some of the house, say the democrats keep the senate, how would he triangulate to work with the other side? you don't think he'd let them go for another year or two? >> eventually...
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bush, then barack obama. the fundamental decisions that businesses make particularly domestic businesses are driven really by what's going on with the consumer. and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i
bush, then barack obama. the fundamental decisions that businesses make particularly domestic businesses are driven really by what's going on with the consumer. and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they...
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be that much of a game changer but i think joe biden will try to recapture some of the momentum that obama lost. >> that's overpreparation. that can stunt your performance. you need to keep it fresh. >>> that's it for "worldwide exchange." going to keep it fresh on "squawk box," which is coming up next. >> we'll see you back here tomorrow. have a great day. >>> good morning. today's top stories, alcoa officially opening earning season, they beat expectations. meantime, fast-food giant yum raises its outlook. speaking of china, the country's spr central banker is pulling out of an imf meeting. the latest twist in the fight these two are having. here at home, the dow is now about 700 points off its all-time high. it's october 10th, 2012. "squawk box" begins right now.
be that much of a game changer but i think joe biden will try to recapture some of the momentum that obama lost. >> that's overpreparation. that can stunt your performance. you need to keep it fresh. >>> that's it for "worldwide exchange." going to keep it fresh on "squawk box," which is coming up next. >> we'll see you back here tomorrow. have a great day. >>> good morning. today's top stories, alcoa officially opening earning season, they beat...
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he has a little bit, $50 billion from seniors and obama care to pay for some of obama care, but the rest of it will have to be covered by cost reduction, which he's fought every step of the way for taxes. >> i wonder, howard, can you -- is it possible to win the argument where you say, all right, i'm rich, i got, you know, i've got an elevator for my cars. i know how to fix this and make it good for the middle class and look like -- maybe you're not as attached to the empathy, or is it better to be the president and say i really care, i just don't know how to do anything. >> neither one of them is good. look, the reason the numbers have gotten so much better for obama in terms of who is the best deal for the economy, whoever thought that would be even at this point. is simply because people think the president cares about them and they don't think that about mitt romney. >> incompetent doesn't help. >> we really have gained 4 million jobs, i grant you from the down -- >> no business experience in his administration, doesn't seem to be private-sector oriented, more interested in governmen
he has a little bit, $50 billion from seniors and obama care to pay for some of obama care, but the rest of it will have to be covered by cost reduction, which he's fought every step of the way for taxes. >> i wonder, howard, can you -- is it possible to win the argument where you say, all right, i'm rich, i got, you know, i've got an elevator for my cars. i know how to fix this and make it good for the middle class and look like -- maybe you're not as attached to the empathy, or is it...
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dodd-frank same thing, obama care similar. there's this cadre of people writing the laws of our country without input from at least half the country. >> what's the most important thing you think needs to be tackled head on. you think the fiscal cliff is the first issue? >> there are a multiple of issues that have to be acted on and obviously the fiscal cliff is a very important one. the trouble is the fiscal cliff is probably too easy to solve and kick down the road, and so therefore i doubt we would be in the fiscal cliff. i'm not sure, to be honest with you, that a fiscal cliff falling off the edge is not exactly what america needs. >> is this a wake-up call do you think at this point? it's a pretty severe wake-up call to get. >> you're describing a wake-up call to rip van winkle. how many years have we been kicking the khan down the road. that's a wake-up call for rip van winkle, somebody who has been sleeping for a multitude of years. >> you're suggesting play with fire a little bit? >> i'm suggesting that i'm interested i
dodd-frank same thing, obama care similar. there's this cadre of people writing the laws of our country without input from at least half the country. >> what's the most important thing you think needs to be tackled head on. you think the fiscal cliff is the first issue? >> there are a multiple of issues that have to be acted on and obviously the fiscal cliff is a very important one. the trouble is the fiscal cliff is probably too easy to solve and kick down the road, and so...
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obama care, the cbo, you can't impugn the cbo for coming up with $1 trillion for obama care. it was the numbers they got, double counting taxes, all of these bells and whistles in obama care to get it to work out. >> right. >> hold on. for the past year one of the talking points that's been said on this show many times was that the unemployment rate was worse than when obama started, right, that was the point. now that the numbers have switched and i'm not suggesting the numbers were right to begin with. i'm saying there is an irony to it. >> the irony is that it happened the month before the election. it gets to the first time in his presidency it's been below where he started. >> every month there's a question whether the numbers are right or wrong. >> it's been all participation rate going down. they didn't do the participation rate this time. >> hi, ken. >> how are you today? >> good. >> anecdotally i said earlier every place i talk i see the economy not getting better but almost stalling. is that your read as well? >> absolutely. that's why when you and i and we have our
obama care, the cbo, you can't impugn the cbo for coming up with $1 trillion for obama care. it was the numbers they got, double counting taxes, all of these bells and whistles in obama care to get it to work out. >> right. >> hold on. for the past year one of the talking points that's been said on this show many times was that the unemployment rate was worse than when obama started, right, that was the point. now that the numbers have switched and i'm not suggesting the numbers...
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he looks strong on the stage with president obama. he took the fight to obama. obama was a little bit more passive. but ultimately the economy, i believe, carl, is going to be what drives the result. >> if anyone who watched snl over the weekend knows the president wasn't that passive. thanks, john, we'll see you later, john harwood in washington. netflix is up 10%, 30% on the week, the street getting bullish on this name which has really gone on a tear. should you be a buyer? an analyst over as lasar and an analyst at pacific crest securities. guys good to see you both. >> good morning. >> let's start with you, barton. what explains the moves. we got some calls. today morgan stanley and amazon is not as much of a potential threat. why 30% in such a short period of time? >> this is a stock that will be up and down e7% in any given year. that's a statement to the uncertainty in the business model. so little wiggles up or down on expenses or revenue analysis and you can say it's the best stock ever or a wipe out. i'm sitting with a neutral. i don't think the risk
he looks strong on the stage with president obama. he took the fight to obama. obama was a little bit more passive. but ultimately the economy, i believe, carl, is going to be what drives the result. >> if anyone who watched snl over the weekend knows the president wasn't that passive. thanks, john, we'll see you later, john harwood in washington. netflix is up 10%, 30% on the week, the street getting bullish on this name which has really gone on a tear. should you be a buyer? an analyst...
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for the sake of a bit of background for the viewers, obviously, it working group created by president obama to try go after wrong doing that led to the financial crisis, you are saying it could be the first of many, say this will set a litmus test or precedent for further cases? >> i would assume enforcement actions along the line. >> frustrating thing about the crisis and the aftermath, the cleanup phase is obvious, things don't get fixed, don't get address ready. in 2006, looking at the databases that contained the loans and securitizations, it was nuts what we were seeing, very high debt-to-income ratios, steep payment resets. these loans were made to default, either investors looked the other way, play is been some of that or not enough due diligence or misrepresentation what was in the trusts, doesn't surprise me these actions are being brought. does surprise any is so long after after. >> i don't think it will hinder jpmorgan chase's abilities to make loans. i'm not sure i would draw this connection. it underscores a broader point we want the institution and lending and enforcement ef
for the sake of a bit of background for the viewers, obviously, it working group created by president obama to try go after wrong doing that led to the financial crisis, you are saying it could be the first of many, say this will set a litmus test or precedent for further cases? >> i would assume enforcement actions along the line. >> frustrating thing about the crisis and the aftermath, the cleanup phase is obvious, things don't get fixed, don't get address ready. in 2006, looking...
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by the same token, romney can go after obama because obama's talked about reducing the corporate rate to 28%, but he hasn't specified how he'd pay for it. and then you have the issue of jobs. romney talks about the job record on net from the beginning of president obama's term. and if you do that, it's just about even. maybe a few jobs in the positive territory. but barack obama talks about what's happened since early 2010 since the turnaround started. they'll clash on that. on medicare, the big entitlement spending issue that threatens the bunch the long term. mitt romney's proposed with paul ryan an ambitious reformation of the program that would go to voucher, but he hasn't said what the level of the voucher would be or the growth rate in the voucher. if you don't specify that, you can't specify what your savings will be or the impact on consumers. and finally president obama last year in the grand bargain talks with house speaker boehner talked about more ambitious proposals than medicare than he's advocated so far like raising the eligibility age from 65 to 67. hasn't said a word
by the same token, romney can go after obama because obama's talked about reducing the corporate rate to 28%, but he hasn't specified how he'd pay for it. and then you have the issue of jobs. romney talks about the job record on net from the beginning of president obama's term. and if you do that, it's just about even. maybe a few jobs in the positive territory. but barack obama talks about what's happened since early 2010 since the turnaround started. they'll clash on that. on medicare, the...
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didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of the obama influences. but that's kind of the backdrop. the reason why the numbers look disproportional says a blot our mrk markets being illiquid. >> what does it mean about merkel going to greece. is that pivotal? >> i'm not sure unless there's a surprise. poor greece is out there festering. everybody is concentrating on spain. greece has not been solved. would be good to solve it. but that doesn't change anything about spain which is a much bigger factor and spain brings in the challenge of italy behind it. so that the game has moved up field a little bit here. so, you
didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of...
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. >>> one ceo sent quite the surprising e-mail to employees if president obama is elected he'll have to lay off workers and downsize his entire company. who could it be? up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> one ceo sending out an e-mail to his staff saying that an obama victory cou
. >>> one ceo sent quite the surprising e-mail to employees if president obama is elected he'll have to lay off workers and downsize his entire company. who could it be? up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on...
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> as we hit new record mortgage rates, i just sat down with the ce
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm...
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obama, warren and then banks just become in a continually bad place to get a job. >> regulation of the banks is in interpretation because of dodd-frank. much of it has passed. they are adjusting to new realities. in terms of capital requirements, holding a lot more capital against businesses and transparency, things like derivatives exchanges hit to their profitable. >> you have all the institutions suing each other about the mortgage-backed bonds, it is just one group of institutional investors suing another group of institutional investors, the court is not set up to handle it. no one knows what to do. i think there's going to be billions of dollars in legal fees. that's the only winner. >> we have to check in with bob on the floor with more on what's moving this morning. hey, bob. >> good morning, everybody. happy tuesday. did you see, of course, christina la guard this morning cutting the global forecast for the imf? and that's not good, the second time this year, but the segway is an argument we have been having here the last few days at cnbc. and that is how can the stock market
obama, warren and then banks just become in a continually bad place to get a job. >> regulation of the banks is in interpretation because of dodd-frank. much of it has passed. they are adjusting to new realities. in terms of capital requirements, holding a lot more capital against businesses and transparency, things like derivatives exchanges hit to their profitable. >> you have all the institutions suing each other about the mortgage-backed bonds, it is just one group of...
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obama at a fundraiser tonight in california. two days later, clinton campaigns for the president in another battleground, nevada. >> mitt is up to the task. he's prepared. >> romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on abc's "good morning, america." but the highlight of the week is this week's vice presidential debate. both are preparing for their own showdown which takes place thursday in danville, kentucky. >> i'm looking forward to it, i really am. the thing about congressman ryan is he's been straightfwoorward to now about all the significant changes he wants to make. we have a fundamentally different view on a whole range of issues. >> i'm studying, i'm reading joe biden's speeches, watching joe biden tape and just studying on all the various issues. >> and thanks to romney's strong performance at last week's debate, there is even more on the line at the vp showdown. fred? >> thanks so much, paul. big week ahead. the much anticipated vice presidential debate between joe biden
obama at a fundraiser tonight in california. two days later, clinton campaigns for the president in another battleground, nevada. >> mitt is up to the task. he's prepared. >> romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on abc's "good morning, america." but the highlight of the week is this week's vice presidential debate. both are preparing for their own showdown which takes place thursday in danville, kentucky. >> i'm...
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last week president obama and mitt romney squared off in the first presidential debate. well, they'll do number two on the 16th of this month. the number two, yes, the vice-presidential debate is this week on thursday and our athena jones takes a look at what to expect. >> reporter: then governor sarah palin wanking during the 2000 debate with presidential nominee joe biden. not just once but half a dozen times and senator dan quayle in 1978. >> i knew jab jack kennedy. jack kennedy was a friend of mine. senator, you're no jack kennedy. >> reporter: memorable moments but hardly game-changers. vice-presidential debates like this week's upcoming matchup between vice president biden and his gop challenger paul ryan are a different animal. >> you need to be able to see that each vice-presidential candidate has hit the standard of readiness, that they'll be ready in the event of a national crisis to step into the oval office and take the reins of presidency. beyond that, unless there's a star-killing or star-catching moment, it rarely changes the course of the debate. >> repo
last week president obama and mitt romney squared off in the first presidential debate. well, they'll do number two on the 16th of this month. the number two, yes, the vice-presidential debate is this week on thursday and our athena jones takes a look at what to expect. >> reporter: then governor sarah palin wanking during the 2000 debate with presidential nominee joe biden. not just once but half a dozen times and senator dan quayle in 1978. >> i knew jab jack kennedy. jack kennedy...
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barack obama on the west coast. one of those l.a. fund raiisers was a private event. another was an a list concert with stevie wonder and bill clinton. more details in the live report in a minute from los angeles. >>> four, three, two, one. and liftoff. liftoff of the spacex falcon nine rocket. >> that marking a new era. the first commercial flight into space. nasa has assigned spacex to a contract to ship cargo to i.s.s. live report from florida 20 minutes away. >>> the meningitis out break has grown by one-third in just 24 hours. 27 cases since yesterday. nearly half of the new cases in michigan. meningitis has been linked to contaminated steroid injections. the company issued a voluntary recall for all its products. >>> it's half 9:00 at night in venezuela where most of the country's voting places are still open right now. presidential election day and the polls will stay open as long as people are waiting in line to vote. hugo chavez is trying to win another term as president. he's been in charge for 13 years there. >>> now to some very disturbing video from the s
barack obama on the west coast. one of those l.a. fund raiisers was a private event. another was an a list concert with stevie wonder and bill clinton. more details in the live report in a minute from los angeles. >>> four, three, two, one. and liftoff. liftoff of the spacex falcon nine rocket. >> that marking a new era. the first commercial flight into space. nasa has assigned spacex to a contract to ship cargo to i.s.s. live report from florida 20 minutes away. >>> the...
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you don't want to miss the warm up to the next obama/romney faceoff. it's a much anticipated vice presidential debate. joe biden, paul ryan going at it thursday october 11th. our coverage begins 7:00 p.m. eastern time. have you ever taken a personality test to get a job? a woman who took one claims it actually cost her the job. and now she's suing. our legal guys full of personality all the time will be weighing in on this case. ♪ ♪ [ male announcer ] its lightweight construction makes it nimble... ♪ its road gripping performance makes it a cadillac. introducing the all-new cadillac xts. available with advanced haldex all-wheel drive. [ engine revving ] it's bringing the future forward. it's bringing the future you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all o
you don't want to miss the warm up to the next obama/romney faceoff. it's a much anticipated vice presidential debate. joe biden, paul ryan going at it thursday october 11th. our coverage begins 7:00 p.m. eastern time. have you ever taken a personality test to get a job? a woman who took one claims it actually cost her the job. and now she's suing. our legal guys full of personality all the time will be weighing in on this case. ♪ ♪ [ male announcer ] its lightweight construction makes it...
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president obama was way off, and mitt romney was very much on his game. you know, i don't remember many debates where it's hard to think of a memorable gaffe or a memorable knockout blow, and yet there was a very visible mark that was an undebatable victor of the debate, and it was mitt romney. he did it because for 90 sustained minutes, it was like he was a limp piece of spaghetti. >> yeah, it was like the chair. this is honest talk. let's talk about the job numbers. it could have come at a better time, and how big of a help is this below 8% jobless rate, do you think? i want to see what the republicans think about that? mitt romney can't say the unemployment rate is above 8%? >> absolutely it was a help, and on friday, just after the debate, and let me tell you, don, i am a republican, but when it comes to unemployment numbers i am an american first, i am not on the red or blue team, and i want our economy to strengthen and i want us to recover as a country and the smartest thing any political person can do is celebrate america doing better. >> i think
president obama was way off, and mitt romney was very much on his game. you know, i don't remember many debates where it's hard to think of a memorable gaffe or a memorable knockout blow, and yet there was a very visible mark that was an undebatable victor of the debate, and it was mitt romney. he did it because for 90 sustained minutes, it was like he was a limp piece of spaghetti. >> yeah, it was like the chair. this is honest talk. let's talk about the job numbers. it could have come...
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when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record to defend, and one of the reasons why mitt did so well in this debate was because mitt was -- i think very legitimately, attacking his record, whether it be the $90 billion in subsidies for energy or a number of the other things that he pointed -- the failure of dodd-frank, and so the president had a record to defend this time, but one, do not underestimate the president of the united states. he will come back strong. i think mitt has to be prepared for that. and also, as you mentioned, these job numbers will give him a bit or something of a bot today. >> we've got the vp debate comin
when you went head-to-head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then senator obama had no record...
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. >>> president barack obama is in los angeles at this hour. he's there raising cash at a fund-raiser. you may recall he just set a record of $181 million in september. white house correspondent dan lothian is traveling with the president. dan, at this point he's on record to raise almost a billion dollars now, and that's not including those outside super-pacs. how much is he expecting to raise tonight? >> reporter: well, millions of dollars, and we'll try to break that down later on in the evening, exactly how much they're expected to raise. they really believe this is important money that they need for a couple of reasons. first of all, the race is very tight. when you look at the national numbers, the race is very close. then you break it down to those key battleground states in ohio, in florida, in colorado and virginia. very close there as well. so they need it this money to really beef up their ground operation going into election day and also saturate the air wae waves with the telephone ads. they're bringing in millions of dollars. a lo
. >>> president barack obama is in los angeles at this hour. he's there raising cash at a fund-raiser. you may recall he just set a record of $181 million in september. white house correspondent dan lothian is traveling with the president. dan, at this point he's on record to raise almost a billion dollars now, and that's not including those outside super-pacs. how much is he expecting to raise tonight? >> reporter: well, millions of dollars, and we'll try to break that down...
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barack obama is a competitive guy. there's no way he can't come back and figure this out -- >> i don't want to use shopping metaphors, i don't think sports metaphors, you lose me in all that. >> because men are not supposed to like to shop, right, governor? nice tie. you like my jacket? >> if romney could pull one thing back which would be more than the 47%, he went the wrong direction in the auto industry. that's going to kill him in ohio. >> there's also things i think president obama would like to pull back. >> all of us. >> same with latinos, he'd like to pull back having offered he was going to do immigration reform in the first year a promise that he's broken. >> but, you know what, he's doing pretty good with -- he's pushing the dream act, a lot of things favorable to the hispanic community. guys, it's just math. right now in the polling obama's at 70% with hispanics. you and i both know republican party long-term cannot be a sustainable party if they're losing hispanic -- >> what would the numbers be if jeb bus
barack obama is a competitive guy. there's no way he can't come back and figure this out -- >> i don't want to use shopping metaphors, i don't think sports metaphors, you lose me in all that. >> because men are not supposed to like to shop, right, governor? nice tie. you like my jacket? >> if romney could pull one thing back which would be more than the 47%, he went the wrong direction in the auto industry. that's going to kill him in ohio. >> there's also things i think...
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he will install obama care. and your premiums will go up above what they are on your current plan. that's according to the general budget office. i will control the costs in health care by repealing and replacing obama care with real reforms. >>> let's get to another presidential election. this one in south america. and election day is today. venezuela, where that man you're about to see, president hugo chavez has been in power for 13 years now. that's chavez voting today, trying for another term. there is no limit to the number of terms a president can serve there. chavez himself made that rule. but analysts say if anyone can unseat this president, it's the man facing him today. a 40-year-old governor. let's get to caracas right now. paula, it's after 9:00 p.m. polls were scheduled to close hours ago. but they're still open. what's going on? >> reporter: a few are still open. if you were in any polling station, you know the lineups were huge. the turnout could be approaching 80%. the electoral commission stayed
he will install obama care. and your premiums will go up above what they are on your current plan. that's according to the general budget office. i will control the costs in health care by repealing and replacing obama care with real reforms. >>> let's get to another presidential election. this one in south america. and election day is today. venezuela, where that man you're about to see, president hugo chavez has been in power for 13 years now. that's chavez voting today, trying for...
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obama at a fund-raiser tonight in california. two days later clinton battles for the president in another battleground state, nevada. romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on ac's "good morning america." but the high light of the week is the vice-presidential debate. >> i can't wait to debate. >> i love a debate. >> it will take place in danville, kentucky. >> i'm look forward to it, i really am. the thing about congressman ryan, he's been straightforward up to now about everything he is -- all the significant changes he wants to make. we have a fundamentally different view on a whole bunch of issues i i'm studied. reading joe biden speeches, watching joe biden tape. >> and thanks to romney's strong performance at last world series eek debate, there's even more on the line at the v.p. showdown. >> paul, thank you for that. >>> if you hear people talking about the big debate that went down saturday night, they're talking about fox news host bill o'reilly and "the daily show" host
obama at a fund-raiser tonight in california. two days later clinton battles for the president in another battleground state, nevada. romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on ac's "good morning america." but the high light of the week is the vice-presidential debate. >> i can't wait to debate. >> i love a debate. >> it will take place in danville, kentucky. >> i'm look forward to it, i really am. the thing...
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president obama. >> i for one will not stand by and let him be bullied out of office. >> i will ask them both where this campaign is headed. plus my all-star political experts on what the candidates should do next. >> we are going to take back the white house. >> we don't want what he's been selling for the last year. >> this is "piers morgan tonight." >>> good evening. our big story tonight, 33 days to go until the election and in the wake of the first big presidential debate, the candidates are out on the campaign trail sounding like they're pretty well ready for round two already. listen to mitt romney in his surprise visit to the conservative political action conference. >> last night i thought was a great opportunity for the american people to see two very different visions for the country, and i think it was helpful to be able to describe those visions. i saw the president's vision as trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes
president obama. >> i for one will not stand by and let him be bullied out of office. >> i will ask them both where this campaign is headed. plus my all-star political experts on what the candidates should do next. >> we are going to take back the white house. >> we don't want what he's been selling for the last year. >> this is "piers morgan tonight." >>> good evening. our big story tonight, 33 days to go until the election and in the wake of...
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four years ago, she chose obama. but right now she is still undecided. >> at the time, i thought that he was the man for the job. and i would have to say after four years, i'm somewhat disappointed in the state of the economy. i need to know that there's going to be some relief there. >> reporter: kathleen, wy and many other voters say they're looking to the debates for some answers. >> small business is the backbone of this country. we weren't bailed out. and so it's really understanding what's going to happen these next four years that's really important to me. >> reporter: voters here want specifics. they want to know how each candidate will help strengthen the middle class. the answers they get tomorrow night could sway the vote of green mountain. vote of jefferson county, the vote of colorado, and ultimately, the outcome of this election. >> and in that shot, be one cool caddy driving down the road. you said all these voters saying they want specifics. we want them too. did they tell you what specifics are going
four years ago, she chose obama. but right now she is still undecided. >> at the time, i thought that he was the man for the job. and i would have to say after four years, i'm somewhat disappointed in the state of the economy. i need to know that there's going to be some relief there. >> reporter: kathleen, wy and many other voters say they're looking to the debates for some answers. >> small business is the backbone of this country. we weren't bailed out. and so it's really...
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he will install obama care. and with it your premiums are going up an extra $2,500 above what they already are in your current plan. that's according to the congressional budget office. my plan is i will finally get control of the excessive costs in health care by repealing and replacing obama care with real reforms. >> all right. president obama is spending the entire day in los angeles right now for a private fund-raiser set for later. we are told former president bill clinton will be there. then later a bill concert at the nokia theater. live to los angeles now and the white house correspondent, dan lothian. the nokia theater live in los angeles, what's going on here, entertainment or politics? they are colliding here. two different strategies, romney with arousing crowds in florida and the president taking yesterday off and today keeping it relatively low key 30 days until the big day. what's the agenda in l.a. tonight? let me guess, money? >> reporter: that's right. he took a -- you pointed out yesterday he
he will install obama care. and with it your premiums are going up an extra $2,500 above what they already are in your current plan. that's according to the congressional budget office. my plan is i will finally get control of the excessive costs in health care by repealing and replacing obama care with real reforms. >> all right. president obama is spending the entire day in los angeles right now for a private fund-raiser set for later. we are told former president bill clinton will be...
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president obama's plan halting deportations of many young people. also, the way he's been criticized from the left as well as the right for an overall lack of reform. mitt romney pushes this high-tech fence, and you can see how he's been criticized for lack of specifics on his reform plan. you can also learn where that border fence stands. now, even if you think you already know who you will vote for, which a lot of voters across the country do, it's still good and important to know where they stand on the issues most important to you and to hold you to promises. that's where their websites kick in. you don't have to write it down. both president obama and mitt romney have entire policy positions on immigration they laid out online. what this does for us in my industry is gives us a play to follow their promises that whoever becomes a president can be held to the promises. the cnn political ticker has breaking political news all the time, in and out, every day. we have an entire section there that's all about immigration. so when you hear a new ashe
president obama's plan halting deportations of many young people. also, the way he's been criticized from the left as well as the right for an overall lack of reform. mitt romney pushes this high-tech fence, and you can see how he's been criticized for lack of specifics on his reform plan. you can also learn where that border fence stands. now, even if you think you already know who you will vote for, which a lot of voters across the country do, it's still good and important to know where they...
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obama. you remember mr. obama, right? last week at the debate mr. obama taught us a new word. choke. what brings you to the neighborhood today? >> well, since my sleepy performance at the debate, mr. romney, my wife michelle has insisted that i pick up some new job skills. so i'm now a mailman part-time. and, oh, look here, special delivery, october jobs report, and the unemployment numbers are down. so in your face. >> that's just wonderful. did you know mr. obama is the president of the united states? it's a very important job. you have to make big decisions and you're in charge of a lot of people for four years. >> mr. romney, i think you made a mistake, i think you mean eight years. >> you see, kids, mr. obama just did something called using your imagination. >> actually, if you take a look at the polls, you will see a number of the key states -- >> all he's missing is the sweater. "early start" continues right now. >>> it came without warning. riveting new details of the attack in libya that killed a u.s. ambassador. a different story than we story told. >>> racial balanc
obama. you remember mr. obama, right? last week at the debate mr. obama taught us a new word. choke. what brings you to the neighborhood today? >> well, since my sleepy performance at the debate, mr. romney, my wife michelle has insisted that i pick up some new job skills. so i'm now a mailman part-time. and, oh, look here, special delivery, october jobs report, and the unemployment numbers are down. so in your face. >> that's just wonderful. did you know mr. obama is the president...
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on the nonverbals, barack obama sent all the wrong messages. he looked petulant, he looked frustrated, he looked angry, he looked disinterested at times, and while he may have said some good things, it did not come across that way as a confident president who was proud of his record and had a vision for the country. just the opposite of romney, who seemed to be articulating both those things. >> i have never had acting classes, senator. i've had journalism classes. >> excuse me. i'm sorry. well, you're sort of a celebrity so i thought maybe there might be -- >> i do think you hit the nail on the head about the importance, i think, in the modern era in particular for any politician, performance is key. i don't care who you are. and what was odd about barack obama was that four years ago, he looked like this rock star whenever he appeared in public, onstage, on the stump, whatever. last night he looked like the guy, just wanted to quit the band. just sort of artistic differences had set in. there was a sort of odd body language, deflation which i
on the nonverbals, barack obama sent all the wrong messages. he looked petulant, he looked frustrated, he looked angry, he looked disinterested at times, and while he may have said some good things, it did not come across that way as a confident president who was proud of his record and had a vision for the country. just the opposite of romney, who seemed to be articulating both those things. >> i have never had acting classes, senator. i've had journalism classes. >> excuse me. i'm...
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this is a political stunt to damage president obama just weeks before the election. but the republican chair of the committee, daniel issa, is saying listen, something went wrong, we need to get to the bottom of this. and indeed you're going to hear today from senior security officials that were posted in benghazi in months leading up to the attack, not on the day of the attack, posted in libya that say, look, we did send messages to the state department asking for additional security, asking for security teams that were on the ground to be extended beyond their mandate over the summer. and so these requests were apparently either denied or not responded to. and so you'll hear from these security officials, and you'll hear from charlene lamb, a deputy assistant secretary who a lot of these requests went to. and i think a lot of people are wondering why she didn't respond to them, why, perhaps, she denied their requests. and we're also going to hear from one of the top officials at the state department, patrick kennedy, that i is going to argue that what the consulate
this is a political stunt to damage president obama just weeks before the election. but the republican chair of the committee, daniel issa, is saying listen, something went wrong, we need to get to the bottom of this. and indeed you're going to hear today from senior security officials that were posted in benghazi in months leading up to the attack, not on the day of the attack, posted in libya that say, look, we did send messages to the state department asking for additional security, asking...
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obama got bin laden. i'll get big bird. you tell that so and so romney anyone who bleeps with big bird bleeps with me. big bird even extended his middle finger at the candidate. >> and you're going to count on one that we all know and love. >> reporter: big bird started his own big bird parody account. reacted by crying and showed up in a deployment split screen. >> i like pbs. i like big bird. >> reporter: his reaction was a scream. >> not going to keep spending on money to borrow money from china to pay for it. >> aghh! >> reporter: his response included a message. >> f-u-m-i -- >> reporter: a message spilled out for myth. and this isn't the first time that mitt romney has stalked big bird. >> i like big bird and bert and ernie for my grandkids to like. >> reporter: o. >> he got rid of your jobs, now he wants to get rid of big bird's job. >> reporter: day after the debate the president joined in. >> thank goodness somebody is finally getting tough on big bird! we didn't know that big bird was driving the federal deficit.
obama got bin laden. i'll get big bird. you tell that so and so romney anyone who bleeps with big bird bleeps with me. big bird even extended his middle finger at the candidate. >> and you're going to count on one that we all know and love. >> reporter: big bird started his own big bird parody account. reacted by crying and showed up in a deployment split screen. >> i like pbs. i like big bird. >> reporter: his reaction was a scream. >> not going to keep spending...